Elawan bags Google PPA for 37-MW solar project in Texas
Sep 19, 2024 13:49 CESTSwiss life science firm Lonza (VTX:LONN) said on Wednesday it has entered into an agreement with Clearway Energy Group to buy renewable energy certificates (RECs) related to its recently commissioned 452-MW Texas Solar Nova complex.
The deal marks Lonza’s first REC procurement at scale in the US and will enable the company to offset 100% of annual electricity consumption at its current US facilities, according to a press release.
Subscribe for Renewables Now's Corporate PPA Newsletter here for free!
The parties have signed three agreements for a total of 235,000 RECs for an equal number of megawatt-hours of consumed electricity per year as of January 2026.
The REC agreements with Clearway support Lonza’s push to cover its entire energy consumption with renewables where available by 2025. They follow two other major power purchase agreements (PPAs) previously signed in Europe and China.
The Texas Solar Nova 1 and 2 sites, of 252 MW and 200 MW each, are located in Kent County, Texas. They were energised at the beginning of the year.
Elawan bags Google PPA for 37-MW solar project in Texas
Sep 19, 2024 13:49 CESTMGM Resorts to offtake power from 115-MW solar project in Nevada
Sep 12, 2024 16:38 CESTX-Elio bags PPA with Google for 128 MW of Texas solar power
Sep 10, 2024 11:15 CESTFrench packaging group Albea agrees 12-MWp solar off-take deal
Sep 19, 2024 5:38 CESTCoca-Cola Europacific seals virtual solar PPA with Engie Australia
Sep 19, 2024 5:33 CESTJ-Power signs solar VPPA for Tokyo Metro in Japan
Sep 18, 2024 15:26 CEST